At 6:24 pm ET today, humans will attempt to head toward the moon for the first time in more than 50 years. The Artemis II mission, if successful, would send the astronauts where no man, woman, or Canadian has ever gone before. The Artemis II moon rocket is set to take off from Florida’s Kennedy…
Canada’s public and private sectors are funding AI’s introduction into factory floors in a bid to accelerate manufacturing and boost productivity. The 20 projects will help Canadian manufacturers make their processes more efficient with “cutting-edge AI solutions.” Industry-led non-profit Next Generation Manufacturing Canada (NGen) announced at its N3 Summit manufacturing conference in Toronto on Tuesday…
Last week, the Government of Canada announced $28.9 million CAD for 12 projects aimed at accelerating the development and deployment of clean energy tech across the country. This funding, which comes through the Natural Resources Canada (NRCan) Energy Innovation Program, included three investments totalling more than $16 million in Prairies-based carbon capture and storage (CCS)…
Mississauga-based billing platform Kubra is set to be acquired by Atlanta, Georgia-based integrated payment processor Repay for approximately $372 million USD ($518 million CAD). Repay announced that the two bill payment companies entered an acquisition agreement on Monday evening. Repay said that it’s bringing its payment expertise and technology platform to the table, while Kubra…
The Canadian subsidiary of American defence contractor Lockheed Martin is investing $3.6 million CAD into Ottawa-based AI solutions provider Lemay.ai. Lockheed Martin announced the investment on Tuesday afternoon, adding that the investment launched a collaborative project to “advance research and development across Canada’s aerospace and defence sectors.” The investment launched a collaborative project to “advance…
Cooking up a meal kit is usually done in a well-lit kitchen. But in a new Montréal factory, the refrigeration packs for delivery meal kits will be assembled under very different circumstances: by remote-controlled robots, in near-total darkness. “I think there’s a real opportunity for what we’re doing in Montréal to become a centre of…
BY THE OPTIMIST DAILY EDITORIAL TEAM Between 2022 and 2024, roughly 247 people per 100,000 in the UK died from cancer each year. That number matters most when you compare it to 1989, when the rate stood at 355 per 100,000. It is, by every measure, a historic decline. But the headline number only tells…
BY THE OPTIMIST DAILY EDITORIAL TEAM A New Mexico jury ruled last Tuesday that Meta knowingly harmed children’s mental health, made false or misleading statements about platform safety, and engaged in trade practices the jury called “unconscionable.” The trial ran nearly seven weeks. The verdict caps the first case of its kind to reach a…
The University of Saskatchewan (USask) is about to own its own quantum computer after announcing funding from both the provincial and federal governments. Funding will come in the form of a $1.93 million investment from Prairies Economic Development Canada (PrairiesCan) and $400,000 from Innovation Saskatchewan’s Innovation and Science Fund. The funding will help USask install…
The National Angel Capital Organization (NACO) says the federal government should use the funding in its Venture Capital (VC) Strategy to match seed investments and help “professionalize” early-stage organizations. The recommendations come from a new white paper that NACO released on Tuesday, which aims to steer how the Government of Canada will spend the $750…
